Applicable law and nature of the contract
It should be noted that certain jurisdictions classify shipbuilding contracts, and hence their yacht counterpart, as construction contracts instead, and therefore the choice of law applicable to the agreement is crucial. Choice of law clauses may expressly choose the law of a given country or can be less straightforward, making reference to the law of a place with a particular connection with the contract at stake.
A further difficulty is that … [Read more...]

Palmer Johnson shipyard was founded in 1918 by Hans Johnson and Herman Gmack. In 1961, Pat Haggerty, founder of Texas Instruments bought Palmer Johnson. They also began to use aluminum in yacht building. In 1979, they built a 100 ft. yacht which was the fastest yacht in the world for over ten years. Now, Palmer Johnson Superyachts are between the best of their kind.
Now, they build two types of superyachts: SuperSport and Sportyacht.
Palmer Johnson Superyachts - SuperSport Class
In … [Read more...]

Introduction
Yacht building contracts (as any other shipbuilding contracts) are complex transactions devised for the construction of a floating vessel (be it an oil tanker, a cargo ship, a yacht, or a superyacht) in a complex contractual framework.
In the industry, they rather use standard form contracts which will be amended at will by the parties. In those templates will be negotiated individual agreements. Shipyards will produce sometimes their own contracts just to reflect their … [Read more...]

In the quest to provide more unique and impressive venues for corporate events, many companies are turning to luxury yacht charters. And rightly so: yachts are perfect for hosting prestigious events to impress potential clients, celebrate company successes or launch products. The unrivalled facilities, high standards and five-star service onboard superyachts make them ideal venues for everything from high-class evening soirees to team-building corporate days out. Corporate events on yachts … [Read more...]

Yachts Miami Beach, the first major superyacht sales show of the 2016 is just around the corner!
The 28th edition of Yachts Miami Beach (formerly the Yacht and Brokerage Show) will be held from February 11th-15th, 2016. Although sporting a punchy new name, the event guarantees the familiar attractions. The expansive display of yachts and superyachts will be increased this year to incorporate a new Miami superyacht location: Island Gardens Deep Harbor. The plot will be able to accommodate … [Read more...]

Daniel Mihai Popescu is a ship engineer with background in yacht brokerage, Real Estate, construction, entrepreneurship. Avid reader, traveled the world, explorer of the human nature. Never stopped learning. He can be your next webmaster! [Read More...]

Disclosure: Posts/pages on this site may contain affiliate links, which means we receive a small commission if you purchase a product after clicking the link. We only promote products that we actually use and enjoy, and our reviews are honest - no pushing up random junk just to earn money! Affiliate income allows us to spend time creating content, so we'd appreciate the clicks.

Cookies are used on this website for functionality and analytical purposes. By continuing your visit, you agree to our use of cookiesOKRead more